Locations
Woburn, MA, USA · Boston, MA, USA · West Street / River Street, Boston, MA, USA
industry
Energy · Manufacturing · Sustainability
Size
51-200 employees
Stage
Series B
founded in
2019
VEIR is pioneering the development of superconducting electric transmission lines that significantly enhance power transfer capacity, achieving 5-10 times the capacity of conventional lines at a given voltage. Their innovative technology reduces the space required for power transmission, maximizes existing corridor capabilities, and minimizes siting and permitting challenges. With a focus on global decarbonization and grid resilience, VEIR's advanced conductors are actively cooled with liquid nitrogen, ensuring consistent performance regardless of weather conditions. This unique approach positions VEIR as a leader in modernizing the electric grid and facilitating access to renewable energy sources.
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